Explanation
BACKGROUND:
On October 3, 2012 the Columbus City Treasurer's Office issued a request for proposal SA004617 for various banking services. The Columbus Depository Commission received and reviewed proposals from six (6) local banks and recommended, subject to the approval of City Council, the award of banking services to specific banks on April 18, 2013. All such banks are currently eligible depositories of the City of Columbus, pursuant to Chapter 321.04 of the Columbus City Code. At a meeting of the Columbus Depository Commission held on December 28, 2012, the commission approved Applications for the Deposit of Public Funds which each bank submitted for review. The contracts are for a period of ten (10) years beginning June 1, 2013 through May 31, 2023 subject to annual appropriations and approval of contracts by the Columbus City Council.
On May 6, 2013, Columbus City Council authorized contracts and expenditures for the first year of banking services, ordinance number 1040-2013, for the period of June 1, 2013 through May 31, 2014.
On May 19, 2014, Columbus City Council authorized the extension of contracts and expenditures for the second year of banking services, ordinance number 1073-2014, for the period of June 1, 2014 through May 31, 2015.
On June 1, 2015, Columbus City Council authorized the extension of contracts and expenditures for the third year of banking services, ordinance number 1101-2015 for the period of June 1 2015 through May 31, 2016.
On May 16, 2016, Columbus City Council authorized the extension of contracts and expenditures for banking for the fourth year, ordinance number 1177-2016 for the period June 1, 2016 through May 31, 2017.
The City Treasurer’s Office now wishes to modify its contract with Huntington Bank for credit card processing on behalf of the Department of Public Safety, Division of Fire.
The Columbus City Treasurer requests emergency designation so that credit card banking services can be extended to the c...
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